Payment agency my pos is given the go-ahead from as an Electronic Money Authority (EMI). Central Bank of Irelandthe national financial services regulator.
Fintech, which provides POS payment capture and payment solutions to over 150,000 SMEs in over 30 European countries, plans to grow its Dublin-based team to around 30 people by the middle of next year.
Stephen Piroy CEO of myPOS Ireland said:
Our international growth requires a talent pool, strategic locations and a strong legal and regulatory framework all of which Ireland offers.
according to Sean Fleming TD, Minister of State for the Irish Ministry of Finance, the government is focused on improving Ireland’s position as a global fintech hub.
I am delighted that myPOS has chosen Ireland as their European regulatory headquarters. I wish the whole team all the best and look forward to further success.
With operations in the European Economic Area, Switzerland and the UK, myPOS plans to open a second store and experience center in France, and continues its expansion with stores in Rome and Bucharest earlier this year. A Dublin Experience Center is also planned for his 2023.
The company is expected to achieve a targeted annual growth rate of more than 60%, with total payments expected to reach 8 billion, with approximately 200,000 POS terminals in circulation.